A year, Swisscom Blockchain – A first balance sheet

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Zurich, 10. October 2018 – The Swisscom Blockchain AG was founded in September 2017 and this year, a first balance sheet. The subsidiary of Swisscom can now prove, thanks to CoInnovation first visible successes. In the first year, Swisscom Blockchain technology and consulting for Distributed Ledger, the Blockchain, or Tokenization Services to a number of companies supplied. The focus of the banking and insurance sectors, as well as the pharmaceutical and logistics industry. The core of the Blockchain team consists of experts from renowned consulting firms such as EY, Deloitte, and Accenture, as well as IT specialists from the Blockchain.

Much has been written about the concept of Distributed Ledger technology. High potential for solving different business problems will be assessed, for example. Than disruptive, in particular, the view is classified, thanks to Blockchain, the role of the intermediary for digital transactions is obsolete. According to a survey by the World Economic Forum (WEF), 57.9 percent of the respondents that by 2025 about 10 per cent of the global gross domestic product (GDP) will be stored in the Blockchain.

Swisscom is one of the companies that has set itself at an early stage strategically with the development of Blockchain apart. Switzerland has developed in recent years to become one of the main Blockchain-locations and Blockchain and crypto – company provides a stable and secure environment. The Swisscom would like to schedule a Blockchain, and this quality is represented worldwide.

Concept of One-Stop-Shop

The Swisscom Blockchain AG is a “One-Stop-Shop” and provides companies with a combination of consulting, solution development and Blockchain infrastructure. The wide spectrum of services offered ranges from private approved Blockchain solutions to End-to-End consulting services for Tokenization.

“The combination of consulting, development expertise and Blockchain infrastructure in Switzerland is so far still unique,”

Robert Gebel, head of Banking & Industries at Swisscom emphasized.

The Swisscom-the Blockchain Team has grown in just a year. What began as a four-person Start-up, now has 42 employees. The interdisciplinary Blockchain Team consists of talents from prestigious companies such as EY, Deloitte, JPMorgan, Accenture, Oracle, and UBS and successful study of the University of St. Gallen graduates. This intercultural Team works together day in and day out in exciting projects from different industries with the customer and tries to meet their needs. The combination of confidence in Switzerland as a business location, in the form of Swisscom as a brand with the highest quality standards, as well as the secure Blockchain technology, gives the Team the best chance to succeed.

Co-Innovation as a recipe for success

The Swisscom Blockchain Team relies on Co-Innovation. The team of experts works side-by-side with their clients to realize their visions. The exchange with the customer enables a continuous and open process of innovation and provides the customer and his needs into the centre.

In order to create a safe field of business, need trained staff who understand the technology and its functioning and they operate in different application properly. The experts from Swisscom Blockchain have been invited by various embassies to share their experiences with the Blockchain technology.

Training centre

Since July of 2018, the Swisscom Blockchain AG Blockchain-training, in which one learns the theory of the Blockchain technology and the practical Knowledge developed. This training centre has now gained international recognition:

“It was organized a very interesting course and exceptionally well. I am very impressed with the instructors and their practical experience with the Blockchain“,

Daniel Spier, Managing Director, reported at IDT Financial Services Limited, Malta. Swisscom Blockchain is to contribute a contribution to the further development and deployment of this important technology in Switzerland.

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